More On: doge coin
Bitcoin soars by 8% in a matter of minutes, reaching $41,000; Ethereum and Dogecoin are not far behind.
AMC Theatres, an American movie theater chain, has introduced Dogecoin and Shiba Inu to its mobile app's payment options. Many cryptocurrencies are now accepted by the movie studio via BitPay.
With the help of Bitpay, AMC Theaters is now accepting cryptocurrency payments, including Dogecoin (DOGE) and Shiba Inu (SHIB) (SHIB).
CEO Adam Aron of AMC Theatres made the announcement through Twitter.
People in the US who use AMC's iOS and Android apps can utilize crypto payments to pay for tickets and other services, according to Aron's tweets.
Exactly as promised, the AMC mobile app for AMC’s U.S. theatres now accepts online payments using Doge Coin, Shiba Inu, and other crypto currencies — thanks to Bitpay. Also Apple Pay, Google Pay and Paypal. To do so, you first will need to update to the latest version of our app. pic.twitter.com/MMy7SIxYbl— Adam Aron (@CEOAdam) April 15, 2022
AMC isn't the first institution to accept cryptocurrency.
It's been almost six months since movie theater chain AMC Theatres began accepting cryptocurrency payments as part of its growing acceptance of the digital currency. Movie tickets and other services might be purchased with Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH), and Litecoin (LTC) beginning in November 2021. (LTC).
In March of current year, CEO Adam Aron stated that Dogecoin and Shiba Inu would be accepted by the corporation no later than March 2021. AMC Theatres has finally delivered on its promises, albeit a little late.
I have been repeatedly asked when AMC expects to routinely accept Dogecoin and Shiba Inu for any and all payments made via the AMC web site and mobile app. I am being told that we are still well on track for the promised Q1 implementation, with exact timing most likely in March. pic.twitter.com/QSBvLAMHKx— Adam Aron (@CEOAdam) January 6, 2022
Elon Musk helps Dogecoin soar
Dogecoin and Shiba Inu payments are now available on AMC's mobile app for clients in the United States. Not all of the other cryptocurrencies it accepts have been revealed.
Even while the dog tokens have always been popular, Elon Musk's declaration on April 14 that he's interested in purchasing the entire Twitter stock, not just the 9 percent he previously purchased, has boosted demand in the tokens.
The chief executive officer of Robinhood, Vlad Tenev, has argued in favor of Dogecoin's status as the internet's de facto currency. As a result of Robinhood's DOGE send/receive feature, Tenev has been pondering "what that would require."
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